Original 1920's Clarksville bungalow w/ downtown views, situated on a huge lot! Discover the exceptional opportunities this property affords in the heart of the coveted Clarksville neighborhood- ideal for investors, developers, or owner-occupants seeking income potential. Located just minutes from downtown Austin, Pease Park, Lady Bird Lake Hike & Bike Trail, Whole Foods, Mopac, + South Lamar, this property blends location, flexibility, + growth in addition to an active lifestyle as you can walk/bike to nearby coffee shops, restaurants, bars, grocery market + more. The generous lot that the property resides on meets City of Austin requirements for three dwelling units, opening the door to adding a third unit or subdividing the lot for a condo regime. Whether you're looking to expand your investment portfolio or create a multi-generational living setup, the possibilities here are significant. Recent updates include exterior paint + trim, refreshed landscaping, interior paint in both units + updated light fixtures and ceiling fans. The upstairs unit (Unit A) features original hardwood floors and a deck off the kitchen that showcases views through the trees of downtown Austin. Inside, there are two bedrooms, one full bathroom with a walk-in shower and single vanity, a dining area, a full kitchen equipped with an oven, stovetop, refrigerator, and sink, as well as a living room. Washer and dryer connections are also in place. The downstairs unit (Unit B) has its own separate entrance and includes Saltillo tile and wood floors. It offers one bedroom, one full bathroom with a walk-in shower and single vanity, a living room, a kitchen with a small dining nook, and a covered patio area. This unit also enjoys a spacious yard with mature trees and its own washer/dryer connections. With charm, versatility, and prime location, this Clarksville property is a rare chance to own in one of Austin's most desirable neighborhoods - with room to grow.